Tanggal masuk 10-04-2020 This research analyses the capital structures moderation to profitability that influences the company's value in infrastructure, utilities, and transportation companies listed on the Indonesia Stock Exchange in 2015-2018. The sample of this study is 14 companies. The data analyzed by using moderated regression analysis. The novelty of this study lies on the testing of capital structure ability as a moderation based on the Mogdiliani-Miller and the Trade-Off theory. We find the significance of the profitability influence on the company's value is not moderated by capital structure. It shows that the company debt exceeds its optimum amount, thus, reducing the net income.
The purpose of this study is to integrate the value relevance of several earning measurement from prior studies using the Ohlson model. Previous findings consistently show that the earnings on extraordinary items has a positively significant relationships with the equity market value weather, with or without the use of a scale while mixed results has been reported for abnormal earning, earning per share and net income in different country between 1996-2016. Findings also revealed that the value in the relevance level (R 2 ) varies and have different relationships in the equity market value for the same earning measurement. Researchers used a meta-analysis from the 257 published studies to summaries the findings with a standard statistics in the form of effect sizes. The analysis also allows researchers test the positive relevance without using a regression analysis, to determine the single level of R 2 using the shared variance proportion (r 2 ) value. The findings specifically confirms that the EPS, abnormal earning per share, earning before extraordinary item per share and the net income have positive relevance. Compared to the quarterly and six month price after the end of the year, the value of the EPS relevance level has a higher if associated with share price at the end of the year. This also happens in an abnormal earning per share with an equity cost capital 8%. The EBEI has a higher r 2 compared to the quarterly share price and the net income with equity market value. The research findings also revealed that the positive relevance of the net income is influenced by a moderating variable.
This study aims to determine the effect of Country of Origin, Brand Image, and Worldmindedness on the Purchase Decision of KFC Products in Jember Regency. This type of research is quantitative. Primary data from this study was obtained directly through the distribution of questionnaires distributed to respondents who had made purchases at KFC Jember. The population in this study are consumers of KFC Jember products whose numbers are not known for certain because the number is not limited. The number of samples in this study were 104 respondents who were selected using accidental sampling. The results of this study indicate that the coefficient value of the Country of Origin variable is a positive value of 0.210. Additionally, the brand image variable's coefficient value is positive 0.222. Whereasthe coefficient value of the Worldmindness variable is positive 0.543. These three variables proved to have a significant effect on purchasing decisions at KFC Jember. Keywords: Country of Origin; Brand Image; Worldmindedness; Purcashe Decision
The implementation of the Accurate, Solid, Speed, Smart, Innovative, Commitment ASSSIC (ASSSIC) management policy as an innovation of Jawa Pos Radar Jember (JPRJ) is a response to the occurrence of digital disruption; thus, JPRJ needs to create an adaptive management policy by strengthening the internal and external aspects of the company. The internal management policy is implemented through the application of ASSSICRJ as the Company's Management Information System (MIS), while the external aspect is addressed through ASSSIC Product by digitizing its media products. The purpose of this research is to analyze the competitive strategies employed by JPRJ in the era of digital disruption. The research method used is qualitative research with a case study approach on the implementation of ASSSIC, elaborated with Porter's Five Forces Analysis theory. The research findings conclude that the competitive strategies employed by JPRJ in the era of digital disruption are carried out through the ASSSIC management policy, which relies on the internal and external strengthening of JPRJ. The internal management policy, implemented through the application of ASSSICRJ as a vital MIS for JPRJ, enables the collection, management, analysis, and integration of data and information required for effective decision-making. On the other hand, the external management policy is implemented through the application of ASSSIC Product as JPRJ's convergence with the strengthening of digitalization in its media products, which is currently highly demanded by the majority of readers. This field finding has the potential to enhance Porter's Five Forces Analysis theory, which currently focuses only on external strengthening.
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